Loans from $100,000 to $15,000,000
Up to 65% Loan to Value
TERM of Loan: 24 months Interest Only
Stated Income (NO 4506T)
No Score, ?Not Credit Driven
NO Upfront Lender Fees
NO Prepayment penalty
Owner-Occupied, Non-Owner Occupied |
TYPE OF PROPERTY
Multifamily & Mixed Use
Offices, Office Condominiums
Industrial, Industrial Condominium
Self-Storage, Warehouse
Commercial Buildings
Improved Land
Retail, Shopping Centers |
What are the 3 most common Denials for Conventional Commercial Loans?
- Low Debt Service Coverage Ratios. Most Lenders require a 1.25% DSCR.
- Sponsor has insufficient Liquidity
- Subject has Vacancies or is Vacant.
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What are the 3 greatest Advantages of our Hard Money Commercial Loans?
- No Debt Service Coverage Ratio.
All Programs are "Stated Income.
- Low Liquidity Refinance? We may withhold 3 months of interest.
- Vacant Commercial Properties OK. Leases may not be required.
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